Eurozone’s Industrial Production in Germany showed a lesser-than-expected decrease in February, the official data published by Eurostat showed on Wednesday, suggesting that the recovery in the manufacturing sector is far from gaining traction. The industrial output in the bloc arrived at -1.0% MoM vs. a 1.1% drop expected and 0.8% last. On an annualized basis, the industrial output fell by -1.6% in February versus a -0.9% drop expected and January’s +0.8%. more to come …. About Eurozone Industrial Production Industrial Production is released by Eurostat. It shows the volume of production of Industries such as factories and manufacturing. Uptrend is regarded as inflationary which may anticipate interest rates to rise. Usually, if high industrial production growth comes out, this may generate a positive sentiment (or bullish) for the EUR, while low industrial production is seen as a negative sentiment (or bearish). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZD/USD Price Analysis: Bulls keep eyes on 0.7170 FX Street 2 years Eurozone's Industrial Production in Germany showed a lesser-than-expected decrease in February, the official data published by Eurostat showed on Wednesday, suggesting that the recovery in the manufacturing sector is far from gaining traction. The industrial output in the bloc arrived at -1.0% MoM vs. a 1.1% drop expected and 0.8% last. On an annualized basis, the industrial output fell by -1.6% in February versus a -0.9% drop expected and January's +0.8%. more to come .... About Eurozone Industrial Production Industrial Production is released by Eurostat. It shows the volume of production of Industries such as factories and manufacturing. Uptrend is… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
